The Reserve Bank’s “stunning” cut to the official cash rate means it’s a very good time to invest in New Zealand, according to Finance Minister Grant Robertson. This morning, the Reserve Bank cut the official cash rate (OCR) by 50 basis points to 1 per cent – a historic low. This is just the fourth…
“Ex Block” https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12253670 Not a clean history. A miserable story, sad for developers. All the key areas are lower level projects being caught up by the market. Strong signs of turbulence in the market for developments. Not in City way yet. https://www.nzherald.co.nz/economy/news/article.cfm?c_id=34&objectid=12254447 Sad to see banks are unable to tempt or protect the drivers…
“Urban sprawl” is a term that has entered the vocabulary and has come to be used as an epithet. That seems slightly odd as we are choosing to live in towns and cities in a world-leading way. There is no ‘escape to the country’ going on in New Zealand, more like an ‘escape from…
When future urban zones set earlier in the West, the market was quick to react, causing massive land sales. All of which were before future plan confirmations. Lots of land holders have moved on with good sales price. Traded themselves from assets rich position to cash holder’s new generation of wealth. Though many over…
Shore City Future CBD vibe Coming 50 years no repeat!!!! Who will lead the design – building planning for global master pieces from here on soon? Where the global city living is going to move to when NZ is eyed on so much?. With today’s consumers looking to have a range of amenities on their…
New Zealand’s services sector activity slipped further in April, touching the lowest level in more than six years and adding to concerns about an economic slowdown. https://www.nzherald.co.nz/economy/news/article.cfm?c_id=34&objectid=12232603 Confidence in the economy remains at historically low levels along with Australia – something which tends to be blamed on either Government policy or the political leanings…
A shorter, shallower property price downturn could be on the cards on the back of the Coalition’s victory at the polls, experts say. It’s pretty clear to us that the bottom [of the market] is just around the corner,” Commonwealth Bank senior economist Gareth Aird said. “We had a 15 per cent [peak-to-trough price forecast] and we’re…
The pink Mars wonders appeared this morning in the Albany area of Auckland. Not only that, but a large number of people wearing pink T-shirts, including Jacinda Ardern PM, have appeared throughout New Zealand. Yes, today is New Zealand’s “Country Anti-Bullying Day”! Also known as “Pink Shirt Day”, it is a publicity day confirmed by…
After the fluctuation of shifting rate and housing prices, this market needs a push, as sales of luxurious countryside homes just gone into extreme quietness. Most properties have been listed in the market for too long while experiencing few or none response, with very limited number of appointments for viewing. As proofed by the fact…
Upgrades to the FTA agreement between New Zealand and China have recently been discussed during the short visit by the prime minister to China, among other discussions regarding the belt and road initiative proposed to integrate the eccomerce trade between the pacific and international countries promoting integrated connection in not only infrastructure developments but financial…